Synopsis:
Pro Fin Capital Services Limited’s board approves the issue of bonus shares at a 1:1 ratio, giving shareholders one new share for each existing share, doubling their total holdings.
This Penny Stock, engaged in financial services, including stock and share broking, dealing in securities, investments, trading in shares, and providing short-term loans and advances, is in focus after the company board approves a 1:1 bonus share issue.
With a market capitalization of Rs. 318.52 crores, the shares of Pro Fin Capital Services Limited hit a 5 percent lower circuit at Rs. 10.75 per share on Monday, down from its previous closing price of Rs. 11.31 per share.
What is the News?
Pro Fin Capital Services Limited’s Board of Directors has decided to issue bonus shares at a ratio of 1:1, meaning that shareholders will receive one new fully paid-up equity share of Re. 1 each for every one existing fully paid-up equity share they hold.
For example, if a shareholder owns 100 shares of Pro Fin Capital Services Limited, they will receive 100 bonus shares, bringing their total holding to 200 shares after the 1:1 bonus issue.
Company Overview
Pro Fin Capital Services Limited is a non-banking financial company (NBFC) incorporated in July 1991, engaged in capital market services, investments, and trading in securities, while also providing credit to underbanked individuals and businesses.The company is registered with the Reserve Bank of India, SEBI, and is a trading member of NSE and BSE, with its shares listed on the Bombay Stock Exchange.
Services Offerings
Pro Fin Capital Services Limited offers a variety of financial services to meet different investment and trading needs. Their services include trading on NSE and BSE, dealing in futures, options, and other derivatives, as well as currency and commodity trading.
The company also provides depository services, helping clients manage their securities safely. Additionally, Pro Fin Capital offers expert investment and trading advice, along with short-term loans and advances, making it a comprehensive solution for both individual and business financial needs.
Recent quarter results
Coming into financial highlights, Pro Fin Capital Services Limited’s revenue has increased from Rs. 8.85 crore in Q1 FY25 to Rs. 10.52 crore in Q1 FY26, which has grown by 18.87 percent. The net profit has also grown by 92.42 percent from Rs. 1.32 crore in Q1 FY25 to Rs. 2.54 crore in Q1 FY26.
In terms of return ratios, the company’s ROCE and ROE stand at 4.35 percent and 5.88 percent, respectively. Pro Fin Capital Services Limited has an earnings per share (EPS) of Rs. 0.10, and its debt-to-equity ratio is 4.24x.
Written By – Nikhil Naik
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.